Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Downgrade Slow Fade
I’m starting to wonder what it’s going to take.
Last night, I was unaware that Moody’s had even put the U.S. on its watch list, and it seems the market didn’t realize it either. The futures opened basically unchanged and ever-so-slowly creeped down for a few hours. Since then, then have erased a portion of those losses, and as I am composing this seventy-five minutes before the opening bell, the potential downgrade of the debt of the United States is crashing the S&P 500 futures by all of one-fifth of one percentage point.
Liquidity is Everything (by LZ)
Central banks still control the financial markets and global monetary supply is growing below the trend established after 2009.
Below are central bank assets at the major central banks.
Feeding the Interest Monster
And it’s a very hungry beast, guaranteed to get hungrier by the day!
Stopgap THIS
As you well know, our “government” somehow managed to cobble together a stopgap funding bill which allowed these lumbering waste-of-everything bureaucrats to operate for another pitiful six weeks until they all go through the entire charade again. This completely surprising news on Saturday, however, caused euphoria among the 99.999999999% of humanity known as permabulls and compelled them to slather the web with gleeful taunts, laughing hysterically at anyone foolish enough to “bet against America“: (as if THAT was a bad idea)……..
